Global Baking Enzyme Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2024 –2031 |
Market Size (Base Year) |
USD 1.72 Billion |
Market Size (Forecast Year) |
USD 2.80 Billion |
CAGR |
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Major Markets Players |
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Global Baking Enzymes Market Segmentation, By Type (Hydrolases, Oxidoreductases), Applications (Bread, Rolls & Buns, Biscuits & Cookies, Cake & Pastry, Muffins & Cupcakes, Pizza Bases, Donuts, Tortillas & Pretzels, Others), Category (Inorganic, Organic), Form (Powder/Granules, Liquid), End-User (Industries, Food Service Sector, Household/Retail), Source (Microorganisms, Plant, Animal)– Industry Trends and Forecast to 2031
Baking Enzymes Market Analysis
Consumers' busy lifestyles drive a large portion of the consumer base to purchase more ready-made and confectionary food items that are easy to consume. Bakery enzymes have a large market because it is widely used to improve the quality of bakery goods. Due to the increased consumer preference for convenience and packaged food products, the use of compressed yeasts in the bakery industry is growing at a faster rate.
Baking Enzymes Market Size
Global baking enzymes market size was valued at USD 1.72 billion in 2023 and is projected to reach USD 2.80 billion by 2031, with a CAGR of 6.30% during the forecast period of 2024 to 2031.
Report Scope and Market Segmentation
Attributes |
Baking Enzymes Key Market Insights |
Segmentation |
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Countries Covered |
U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
Key Market Players |
Cargill, Incorporated (U.S.), ADM (U.S.), Associated British Foods plc (U.K.), DSM (Netherlands), Kerry Group plc (Ireland) AAK AB (Sweden), British Bakels (U.K.), Corbion (Netherlands), International Flavors & Fragrances Inc (U.S.), Dawn Food Products, Inc. (U.S.), BASF SE (Germany), DuPont (U.S), Aumenzymes (India), Amano Enzymes Inc. (Japan), Soufflet Biotechnologies (France) |
Market Opportunities |
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Baking Enzymes Market Definition
Bakery enzyme is one of the enzyme categories that is commonly used to improve dough texture, gas retention, and crumb softness when making bread and other bakery products such as pastry and biscuits, to produce softness in cake making, and to reduce acrylamide formation in bakery products.
Baking Enzymes Market Dynamics
Drivers
- Rising consumption and demand for baking goods.
Rising demand for baking goods in various applications, including bread, biscuits & cookies, rolls & buns, cake & pastry, muffins & cupcakes, pizza bases, donuts, tortillas & pretzels, and others, is propelling the market growth. Different enzymes are used in bakery goods, such as proteases, which help with elasticity; amylase, which helps with crumb structure and loaf volume; and xylanase, which helps with dough stability. These enzyme properties help extend the shelf life of these bakery goods. Baking enzymes are in high demand in the bakery sector due to their superior properties, making them a high-demand product on the market.
- Rapid product improvement according to changing demands
Consumers' hectic lifestyles are driving an increase in the purchase of ready-made and confectionary food items that are easy to consume. Baking enzymes are even used to meet changing consumer demands such as less salty, gluten-free bread and healthier and tastier bakery products. The baking enzymes market is expected to grow due to efforts being made to improve the quality of these enzymes to increase shelf-life, the rise in the number of product innovations, and the impact of e-commerce channels, social media, and so on.
Opportunity
Growing technical innovation in the food processing sector and rising demand for nutritional food products as baking enzymes consist of the ability to improve bread quality by acting as dough conditioners and anti-staling agents, enzymes such as amylases, xylanases, and celluloses are considered natural and novel ingredients.
Restraints
Emulsifiers and other additives are used to improve the shelf life and other valuable aspects of bread. However, because these synthetic emulsifiers have a detrimental influence on health after intakes, such as high blood pressure and diabetes, their use in bread products must be restricted, potentially stifling market growth.
This baking enzymes market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the baking enzymes market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Baking Enzymes Market
The COVID-19 pandemic has had a marginally negative impact on the market. The announcement during the COVID-19 outbreak that a significant portion of the bakery and foodservice industries would be closed has hampered the sale of bakery enzymes around the world. Furthermore, the strict lockdown forced manufacturers to reduce their output, effectively halting production. As a result, the growth of the bakery enzymes industry in 2020 has been hampered. However, the bakery enzymes market quickly returns to normal with a steady increase in demand, primarily from the bakery industry.
Baking Enzymes Market Scope
The baking enzymes market is segmented on the basis of type, applications, category, form, end-user and source. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Hydrolases
- Oxidoreductases
Application
- Bread
- Biscuits & cookies
- Rolls & buns
- Cake & pastry
- Muffins & cupcakes
- Pizza bases
- Donuts
- Tortillas & pretzels
- Others
Category
- Organic
- organic
Form
- Powder
- Granules
- Liquid
End-user
- Industries
- Household/retail
- Food service sector
Source
- Microorganisms
- Animal
- Plant
Baking Enzymes Market Regional Analysis
The baking enzymes market is analyzed and market size insights and trends are provided by country, type, applications, category, form, end-user and source, as referenced above.
The countries covered in the baking enzymes market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Germany has the largest market share in the global crystalline market due to the widespread consumption of bakery products, resulting in several bakery industry demands for the baking enzyme to provide high-quality bakery goods to the market. However, due to the consumption of bakery goods such as bread and pastries in daily diets, the United States has occupied the largest market share in North America. Because of the high consumption of enzymes through baking goods in Asia-Pacific, China is leading the growth. Several companies are working to develop enzymes that can be used to produce baked goods.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Baking Enzymes Market Share
The baking enzymes market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to baking enzymes market.
Baking Enzymes Market Leaders Operating in the Market Are:
- Cargill, Incorporated (U.S.)
- ADM (U.S.)
- Associated British Foods plc (U.K.)
- DSM (Netherlands)
- Kerry Group plc (Ireland)
- AAK AB (Sweden)
- British Bakels (U.K.)
- Corbion (Netherlands)
- International Flavors & Fragrances Inc (U.S.)
- Dawn Food Products, Inc. (U.S.)
- BASF SE (Germany)
- DuPont (U.S)
- Aumenzymes (India)
- Amano Enzymes Inc. (Japan)
- Soufflet Biotechnologies (France)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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